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Underpayment Penalty Payment Question
So my wife and I got 2 letters from IRS for underpayment penalty (1 addressing me, 1 addressing my wife). We filed married jointly. The amounts in both letters are the same ($200). My question is do we pay $200 or each pay $200 (totally $400)? Can I pay at www.irs.gov/payments? When I logged on to the website, it shows my 2021 balance is unavailable. I clicked on "Make Payment" and there are multiple options:
- Pay 2021 Income Tax
- Pay Balance in Full - Unavailable at this time
- Pay Towards Your Balance
- Amended Return
- Estimated Tax
- Extension
- Proposed Tax Assessment
Which one should I use? I'm leaning towards "Pay Towards Your Balance"
Topics:
‎April 12, 2022
8:43 AM